*You may fill out and sign the NDA online by clicking on the Sign Document button below or you may Fax to 877-311-0970, or email to NDA@Routes.ForSale, along with the first page of your bank or brokerage statement (with account number redacted), showing at least $140,000 down payment as your Proof of Funds. Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Dropbox link.
Gross Income: $530,000
Purchase Price: $525,000
2017 Cash Flow: $175,000
Vehicle Value: $100,000
SBA financing IS available for this transaction in the amount of $385,000.
|SBA Loan: $385,000
Working Capital: $10,000
SBA Guarantee: $11,850
Closing Costs: $10,000
Total SBA Loan: $416,850
Monthly SBA Debt Service: $4,733
Current cash flow: $175,000
Annual SBA debt service: $56,799
Cash Flow Net of Debt Service: $118,201
Cash on Cash Return: 84.43%
FedEx Ground Delivery Routes for sale $525,000. Currently grossing $530,000 and Nets $175,000 per year as an owner of the business. Includes 5 FedEx Ground Routes and 5 FedEx Delivery Vehicles worth an estimated $100k, and 6 employees in place willing to transfer with the business. This business operates out of a Prince Georges Co, MD Hub and currently has 5 Drivers and a Manager in place, seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Territory for these routes is Montgomery Co, MD. Owner has a NEW THREE YEAR ISP CONTRACT with FedEx as of January 2017, which runs through January 2020.